Cyan, Inc. (NYSE: CYNI) on Tuesday reported first-quarter revenue fell from a year before and net loss almost doubled, while sales to new customers are said to be helping to make up for a major scaling back of orders from its largest customer. Cyan Inc (NYSE:CYNI) net profit margin is -35.00% and weekly performance is -23.21%. On last trading day company shares ended up $3.21. Analysts mean target price for the company is $4.10. Cyan Inc (NYSE:CYNI) distance from 50-day simple moving average (SMA50) is -21.52%.
Ceragon Networks (NASDAQ:CRNT)‘s stock had its “hold” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Friday. They currently have a target price on the stock, down from their previous target price. Canaccord Genuity’s price target would indicate a potential upside from the stock’s previous close.Ceragon Networks Ltd (NASDAQ:CRNT) shares fell -2.53%in last trading session and ended the day on $2.31. CRNT Gross Margin is 30.60% and its return on assets is -13.10%. Ceragon Networks Ltd (NASDAQ:CRNT) quarterly performance is -30.21%.
Aerohive Networks Inc (NYSE: HIVE), a leader in controller-less Wi-Fi and cloud-managed mobile networking for the enterprise market, announced financial results for its first quarter of 2014 . “2014 is off to a strong start for Aerohive, with the completion of our March IPO on the New York Stock Exchange and 42% revenue growth year over year for the first quarter,” stated David Flynn, President and Chief Executive Officer, Aerohive Networks. Aerohive Networks Inc (NYSE:HIVE) shares moved up 3.93% in last trading session and were closed at $9.25, while trading in range of $8.00 – $9.65. Aerohive Networks Inc (NYSE:HIVE) year to date (YTD) performance is -7.50%.
I.D. Systems, Inc.(NASDAQ:IDSY) reports First Quarter 2014 Financial Results. Revenue Up 21% from First Quarter of 2013. Kenneth Ehrman, I.D. Systems’ president and interim CEO, said, “Demand for our industrial vehicle management systems is reflected not only by our 42% quarter-over-quarter growth in VMS revenue, but scheduled for delivery in the second quarter of 2014, and thus not included in first quarter revenues. I.D. Systems, Inc.(NASDAQ:IDSY) ended the last trading day at $4.26. Company weekly volatility is calculated as 12.05% and price to cash ratio as 4.89. I.D. Systems, Inc. (NASDAQ:IDSY) showed a negative weekly performance of -22.97%.
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